Djibouti: East Africa’s Emerging Trading Hub

Home to a small population of less than one million, Djibouti is one of the smallest countries in East Africa, strategically located at the mouth of the Red Sea. With few natural resources and little industrial activities, Djibouti’s economy depends heavily on logistics services and trade through its international port.  In a bid to transform itself into a commercial trading hub for the broader region, the country has...

Business Outlook, East Africa Read more...

Africa Might Emerge As A Major Supplier of Halal Food

With the Belt and Road Initiative poised to transform market access across Asia, potential partnerships with African companies are opening as they seek to target Asian consumers. In particular, many South African halal food producers have high hopes that Hong Kong could prove the ideal gateway for boosting their exports across the region. By 2030, the global Muslim population is estimated to number some 2.2 billion, representing about a...

Business Outlook, Foodstuff & Beverages Read more...

China Builds Modern Infrastructure to Build New Trade Routes Across East Africa

In 1896, the British colonial government began construction of a narrow-gauge railway line from the Kenyan port city of Mombasa to Nairobi. Today, the railway builders are back. This time, it is China’s economic integration strategy in East Africa that is behind the construction of a new rapid rail link between Mombasa and Nairobi. The new line, due to reach the Kenyan capital by 2018, will eventually extend to Uganda, Rwanda, Burundi and...

Business Outlook, East Africa Read more...

New Rules to Ease Importing Goods into Kenya

The Kenya Association of Manufacturers (KAM) has released a new set of standards intended to improve the efficiency and accountability of importing into Kenya. KAM said that it has created the new Standard Operating Procedures (SOPs) guide, released on 18 November 2020, to facilitate trade and boost the fight against illegal imports in order to enhance the ease of doing business in the country. The SOPs are intended to serve as a...

East Africa Read more...

Kenya: The Business Hub of East Africa

Kenya has emerged in recent years as one of the fastest growing economies in the world. Given the strategic importance its coastal city Mombasa plays and the favourable regional trade memberships, Kenya has often been referred to as the key economic and commercial hub of East Africa. Services sector being the key growth driver, improving transport infrastructure and ongoing pro-business reforms continue to underpin the notable economic...

East Africa Read more...

Asimco Launches Marketing & Promotions Campaign Across East African Markets

Asimco, the leading manufacturer of premium friction products including brake pads, brake shoes, fuel pumps, brake fluids, disc rotors and shock absorbers has initiated a global marketing expansion intensifies with strategic thrust into African markets. The roll-out of the expansion is driven from its hub in Kenya and implemented through A-MAP's widespread presence in the region. ASIMCO is highly recognized for its superior...

Automobiles Sector, East Africa Read more...

A-MAP Launches Smart App for Auto Parts Buyers

  Al Muqarram Auto Parts Trading LLC (A-MAP) has announced the launch of A-MAP Smart Mobile App that aims to create a user-friendly browsing and tracking experience its customers. It is a useful tool at the fingertips, for distributors/retailers to track their products sold and facilitate lodging of warranty claims instantaneously. It is also a tool for them to detect the genuineness of the end user claims in addition to detecting &...

Automobiles Sector Read more...

Senegal Joins Dubai's World Logistics Passport Initiative

Senegal is to boost its position as a trade hub for Africa by joining the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade. The framework agreement was signed by His Excellency Amadou Hott, Minister of Economy, Planning and Cooperation, the Government of Senegal, and Sultan Ahmed Bin Sulayem, Chairman of Dubai's Ports, Customs and Free Zone Corporation. Thanks to the...

West Africa Read more...

Facebook to Open its New Office in Nigeria

As part of its continued commitment and ongoing investment in Africa, Facebook (www.Facebook.com) today announced it will be opening an office in Lagos, Nigeria - its second office on the African continent. Aimed at supporting the entire Sub-Saharan Africa region, the office is expected to become operational in H2 2021 and will be the first on the continent to house a team of expert engineers building for the future of Africa and...

Business Outlook, Media, West Africa Read more...

Chinese-built Industrial Park Provides New Momentum to Ethiopia’s Growth

As African countries pursue industrialization, the Chinese-built industrial parks and free trade zones have been gaining momentum in the socio-economic drive of the continent, some significantly accelerating the process of industrialization and job creation. Located about 40 km south of Addis Ababa, the Eastern Industrial Zone (EIZ), built and operated by Chinese companies, is widely viewed as the benchmark for the development of...

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